where the dividends go to

[averagevic]

i use DBSV to buy shares. I ask DBSV where the dividends are paid to. DBSV tell me to ask CDP because it is not DBSV's business.

anyone know where the dividends go to?

 

[koja6049]

your cdp holding account. You must link a current account to your cdp in order for them to credit your dividends

 

[averagevic]

thanks.

I only have dbs savings account.

is it necessary to create a current account for linking to CDP, or can we link savings account to CDP?

 

[intime]

thanks.

I only have dbs savings account.

is it necessary to create a current account for linking to CDP, or can we link savings account to CDP?

Can use savings account to link.

 

[akwl88]

went to my saving acct

 

[wealth_farmer]

When you opened your CDP account, they would have asked you to apply for DCS (think it stands for Direct Crediting Service) where you nominate a bank account, so any dividends or interests will be credited to that bank account directly. You should check if you have a DCP set up.